BLOCK Investment & Profitability Ecosystem Overview

BLOCK Appendix Slide 42 "Square active sellers" are defined as processing more than 5 payments over the last four quarters. "Afterpay active sellers" are defined as having processed at least one transaction in the last 12 months and is measured on a per channel basis. "Afterpay active consumers" are defined as having transacted at least once in the last 12 months. "Cash App active" is a Cash App account that has at least one financial transaction using any product or service within Cash App during the specified period. A transacting active for a specific Cash App product has at least one financial transaction using that product during the specified period and is referred to as an active. Certain of these accounts may share an alias identifier with one or more other transacting active accounts. This could represent, among other things, one customer with multiple accounts or multiple customers sharing one alias identifier (for example, families). Slide 45 "ANZ" refers to Australia and New Zealand. "SKU" represents a stock-keeping unit, or a distinct type of item for sale, purchased, or tracked in inventory. "Risk Loss" or Losses on Consumer Receivables for Afterpay represents an assessment of expected credit losses over the term of the receivables. Slide 46 "Lead generation" is a referral for an Afterpay seller, such as a search, click, or purchase within the Afterpay App, or when a potential customer is directed to a seller's site. "Afterpay active consumers" are defined as having transacted at least once in the last 12 months. "Cash App active" is a Cash App account that has at least. one financial transaction using any product or service within Cash App during the specified period. A transacting active for a specific Cash App product has at least one financial transaction using that product during the specified period and is referred to as an active. Certain of these accounts may share an alias identifier with one or more other transacting active accounts. This could represent, among other things, one customer with multiple accounts or multiple customers sharing one alias identifier (for example, families). "Enterprise sellers" are defined as sellers processing more than $50M in annualized payment volumes, as either GPV through Square or GMV through Afterpay. "Shop Directory" is Afterpay's online and in-app directory that showcases Afterpay active sellers and affiliate brands. 61

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